International Energy Agency (IEA)

 

The International Energy Agency (IEA) is a Paris,France-based autonomous intergovernmental organization established in the framework of the Organization for the Economic Cooperation and Development (OECD) in 1974 in the wake of the 1973 Oil Crisis

The IEA was initially dedicated to responding to physical disruptions in the supply of  Oil, as well as serving as an information source on statistics about the international oil market 

Only the OECD member states can become members of the IEA.
Except for Chile,Iceland,Israel,Mexoco and Slovenia, all OECD member states are members of the IEA.
 In 2014, Estonia joined the IEA and became its 29th member.

Australia  Austria  Belgium  Canada  Czech Republic  Denmark  Estonia  Finland	France  Germany  Greece  Hungary  Ireland  Italy  Japan  South Korea	Luxembourg  Netherlands  New Zealand  Norway  Poland  Portugal  Slovakia  Spain	Sweden   Switzerland  Turkey  United Kingdom  United States

IEA member countries are required to maintain total oil stock levels equivalent to at least 90 days of the previous year's net imports

The IEA acts as a policy adviser to its member states, but also works with non-member countries, especially China,India and Russia